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Business trends

Chinese chipmakers lure Taiwanese engineers with fat pay packets

China's cash-rich companies can offer '2 to 3 times' the salary of their rivals

Taiwanese contract chipmaker TSMC is growing more dependent on Chinese customers as demand from others, such as Apple, wanes.   © Reuters

TAIPEI -- The battle for technological supremacy between the U.S. and China is a hot topic among Taiwanese semiconductor engineers in Hsinchu, Taiwan's answer to Silicon Valley. Several predict that China will use its enormous financial muscle to develop its chip industry and fend off restrictions imposed by the U.S.

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